Answers - Real Estate

1) Leave - This is THE most important thing you can do as a seller. Nothing will make a potential buyer feel more uncomfortable than you being in the house. If the buyers like the house then they are pictur

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

ing themselves living in the house, picturing if their furniture will fit in the house, and picturing what rooms their children will choose. If the seller is in the house they can’t do any of this because th

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

y feel like a guest. This is the last thing you want your buyers to feel - GET OUT!

2) De-Clutter – This is another simple thing that you can do that will make a huge impact. Most sellers have been in thei

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

r house for many years and have collected all kinds of things. You need to either get rid of them or store them; this will make your house seem larger than another house that is cluttered with the same squar

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

footage. You are planning on moving anyway, so why not start a little early and make your house more sellable?

3) Clean – Believe it or not, this is a different category than de-clutter. This is one of th

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

e hardest things to do but also one of the most important. If a buyer comes to look at your house and the bathroom is dirty, the carpets are a mess, and it has a bad aroma, it just leaves a bad impression.

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

lean up the kid’s toys, put away anything that will fit into a drawer or a cabinet and make it look as if you don’t live there. Clean and pickup every time someone is coming to look at your house.

4) Paint

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

– This is another cheap and very effective tool that can help your home sell quickly. Painting is one of the best returns on your investment when you are selling your home. There are two issues that should

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

e addressed when getting your home ready to sell. The first is the easiest: make sure you touch up all the paint on the interior and exterior of your home. The second may call for you to be a bit more objec

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

tive about your home. What kind of colors you have selected? Do you have eight different colors in your house? Unless you are an interior designer, you really need to consider repainting all of your rooms

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

to a neutral beige or brown color. While this may be a feature of your home that you love, the average buyer will not like your color selections. Paint your walls a neutral beige or brown color which will m

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

ake your house appear larger and will also appeal to the majority of buyers.

5) Landscape – Everyone has heard this before “curb appeal”. It is a clich?, but it makes a huge difference. Buyers begin to for

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

their opinions of your house when they see it from the outside. Make sure your grass looks perfect - pull any weeds, edge the sidewalks and driveway, plant some inexpensive annual flowers that add color to

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

the landscaping, and put some new mulch down in the plant beds. This will not only add curb appeal to your house but also add VALUE when they are driving their friends and family by to “check it out”.

6) W

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

llpaper – TAKE IT DOWN!!! Wallpaper has made a bit of a resurgence lately; but for the most part it is outdated and with the myriad of selections out there, it is extremely personal. Most buyers will prefer

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

a different selection, so go to Home Depot or Lowes and buy some DIF (wallpaper remover) and get rid of it.

7) Closets – Like it not, buyers are going to look in your closets and this can be a major selling

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

oint for some people. So when you are de-cluttering don’t throw everything in your closets! With the many different options out there you can rent a “POD” system, a storage unit, or simply store it in a fri

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

end/family’s home while your house is on the market.

8) Carpets – Get them professionally cleaned. It is not that expensive and can make a world of difference.

9) Pressure Wash - Pressure wash the exteri

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

r of your house, your sidewalks and your driveway. It just makes everything sparkle and seem newer. Remember, CURB APPEAL!

10) Remove Non-Essentials – The idea here is to make it so that the buyer can see

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

themselves living here – not your family. Remove your family photos and get rid of any large furniture that does not add to the look of the house or the room. Try to make it look like a builder’s model home

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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